Panther Metals plc has received a three-year exploration permit for the Awkward West prospect on the Obonga greenstone belt in northern Ontario. ADVANCE The prospect includes the 730m long ‘trend 3’ graphite target and the Awkward magmatic feeder conduit target focused on a nickel-copper-platinum-palladium discovery. The permit covers up to 31 planned diamond core drill […]
Tag: Panther Metals plc
Panther completes surveys over Obonga
Panther Metals plc has completed high resolution airborne magnetic geophysical drone surveys over three high prospectivity areas at Obonga in Ontario, Canada. TARGETS The Survey prospect contains a volcanogenic massive sulphide discovery while the Ottertooth and Silver Rim geophysical anomalies are yet to undergo drill testing. Once processed, the data will be used to prepare […]
Panther confirms Glass Reef gold mineralisation
Panther Metals plc confirmed gold mineralisation from four of five inaugural diamond drilled holes at the Glass Reef target in Manitou Lakes, Ontario. BREAKTHROUGH The drilling programme was a follow‐up on the “widespread” anomalous gold-in-soil and rock sampling values in Panther’s geochemical survey over the historical Glass Reef mine area. The company said that there were […]
Panther awarded Wishbone exploration permit
Panther Metals plc has received a three-year exploration permit for the Wishbone prospect at the Obonga project in northern Ontario. CLUSTER The company acquired the Obonga greenstone belt in July 2021 and has to date identified five prospective primary targets of Wishbone, Awkward, Survey, Ottertooth and Silver Rim. The new permit allows up to 39 […]
Panther reduces shares on 64.36% approval
Panther Metals plc said it would consolidate the number of its shares following a 64.36% approval at its general meeting. A total 8,483,610 votes were in favour of the resolution while 4,698,627 were against, with no votes withheld. The company will reduce 92,822,307 existing ordinary shares of no par value on a 25 into 1 […]
Panther sells 1m shares in Australia spin-out
Panther Metals plc has sold part of its holding in its Australian spin-out Panther Metals Ltd. The sale of 1,131,446 shares for $55,615, approximately £28,935.00, is a net decrease of 5.66% in its interest. The company now holds 18,868,555 shares in Panther Metals Ltd, equivalent to 21.65% of the total outstanding issued capital. Panther’s own […]